Voyager Digital Holdings, Inc., along with its affiliates, filed third amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on December 12, 2022. As per the amended plan filed, other priority claim are of $1 million and Section 510(b) claims and intercompany claims are of $0. Alameda loan facility claims shall receive its pro rata share of the wind-down trust units. Account holder claims of $1,763.8 million with estimated recovery of 50% shall receive its net owed coins in supported jurisdiction and cash in unsupported jurisdiction, its pro rata share of any additional bankruptcy distributions, its pro rata share of distributable OpCo cash and its pro rata share of the wind-down entity assets if the sale transaction is consummated by the outside date.

If the sale transaction is not consummated by the outside date its pro rata share of distributable Opco cash, its pro rata share of distributable cryptocurrency and its pro rata share of the wind-down entity assets or wind-down trust units. OpCo General Unsecured Claims of $6.6 million with estimated recovery of 50% shall receive its Pro Rata share of Distributable Cryptocurrency in Cash, its pro rata share of any additional bankruptcy distributions, its pro rata share of distributable OpCo cash and its pro rata share of the wind-down entity assets if the sale transaction is consummated by the outside date. If the sale transaction is not consummated by the outside date its pro rata share of distributable Opco cash, its pro rata share of distributable cryptocurrency and its pro rata share of the wind-down entity assets or wind-down trust units.

HoldCo General Unsecured Claims of $15.7 million with estimated recovery of 1% and TopCo General Unsecured Claims of $3 million with estimated recovery of 66% shall receive its pro rata share of the wind-down entity assets or wind-down trust units. Voyager Digital Holdings, Inc., along with its affiliates, filed first modified third amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on January 8, 2023 As per the modified plan filed, account holder claim with estimated recovery 0f 51% shall receive its net owed coins, its pro rata share of any additional bankruptcy distributions, its pro rata share of distributable OpCo cash and its pro rata share of the wind-down entity assets if the sale transaction is consummated by the outside date. If the sale transaction is not consummated by the outside date its pro rata share of distributable Opco cash, its pro rata share of distributable cryptocurrency and its pro rata share of the wind-down entity assets or wind-down trust units.

Voyager Digital Holdings, Inc., along with its affiliates, filed second modified third amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on January 10, 2023. As per the modified plan filed, there is no change in treatment of any claim class or source of funding. Voyager Digital Holdings, Inc., along with its affiliates, filed third modified second amended disclosure statement in the US Bankruptcy Court on January 13, 2023.

As per the modified plan filed, there is no change in treatment of any claim class or source of funding. Voyager Digital Holdings, Inc., along with its affiliates, filed third modified third amended joint plan of reorganization in the US Bankruptcy Court on February 28, 2023. As per the modified plan filed, account holder claims, opco general unsecured claims, holdco general unsecured claims, topco general unsecured claim, section 510(b) claims and existing equity interests shall, instead of its pro rata share of the wind-down entity assets or wind-down trust units, receive pro rata share of the debtor assets.

Alameda loan facility shall either withdraw its alameda loan facility claims in their entirety, with prejudice to FTX or any other party reasserting such claims or contribute the alameda loan facility claims to opco. If the FTX settlement does not become effective, the alameda loan facility claims shall be subordinated to all other claims. There is no change in treatment of any other claim class or source of funding. Voyager Digital Holdings, Inc., along with its affiliates, filed fourth modified third amended joint plan of reorganization in the US Bankruptcy Court on March 1, 2023.

As per the modified plan filed, there is no change in treatment of any claim class or source of funding. Voyager Digital Holdings, Inc., along with its affiliates, filed fifth modified third amended joint plan of reorganization in the US Bankruptcy Court on March 5, 2023. As per the modified plan filed, there is no change in treatment of any claim class or source of funding.